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08 June, 2026
The Financial Academy has launched the "Women in Leadership" initiative, a pioneering national strategic program designed to enhance and develop female leadership across the Kingdom’s financial services ecosystem. The launch took place during a ceremony attended by several female leaders, representatives from regulatory bodies and financial institutions, alongside academic and strategic partners. The initiative supports the objectives of Saudi Vision 2030 aimed at increasing women's participation in the labor market and boosting the competitiveness and diversity of the national economy. It achieves this by providing an integrated pathway that enables female talents to develop their leadership and professional capabilities, thereby strengthening their presence in executive positions and decision-making roles within the financial sector. Mr. Mana bin Mohammed Al-Khamsan, CEO of the Financial Academy, explained that the "Women in Leadership" initiative stems from the Academy's belief that building specialized leadership is a key enabler for the sustainable growth and competitiveness of the financial sector. He noted that the upcoming phase demands leaders who possess the capability to make strategic decisions, drive transformation, and create a sustainable institutional impact. Al-Khamsan added that the initiative was designed in partnership with London Business School and the Governance Center to provide an integrated leadership pathway. This pathway combines executive training, professional mentorship, and qualification for board membership, contributing to preparing qualified female leaders to shape the future across various financial services sectors and reinforcing their presence in executive and decision-making positions. He further indicated that the initiative targets more than 2,000 female leaders across various financial services sectors. This includes 400 leaders in executive and senior management roles, and 100 candidates for board memberships. This will expand the base of qualified national talents, raise the level of women's leadership representation in the Saudi financial sector, and support the goals of Saudi Vision 2030 and the Financial Sector Development Program. For her part, Ms. Deemah bin Yahya Al-Yahya, Secretary-General of the Digital Cooperation Organization and Board Member of Saudi National Bank (SNB), emphasized that the Kingdom has moved past the question of women’s participation to a phase of expanding their influence at the highest levels of leadership, decision-making, and governance. She pointed out that women now occupy more than 44% of senior and middle management positions in the Kingdom—a surge of over 50% compared to 2017—highlighting that Saudi women are no longer merely participating in the national economic transformation, but have become its drivers. Al-Yahya stated that today's challenge is no longer about discovering female talent, but rather about ensuring the availability of leadership pathways that provide them with the necessary experience and opportunities to reach executive positions and board memberships. She noted that while mentorship builds capabilities, professional sponsorship creates opportunities, emphasizing that the financial sector needs leaders who open doors for talents rather than just offering them advice. She added that the question is no longer whether women are ready to lead, but whether our institutions are creating enough pathways to empower this leadership. It is worth noting that the Financial Academy is a legally and administratively independent entity, organizationally linked to the Chairman of the Board of the Capital Market Authority (CMA). It aims to qualify, cultivate, and develop human resources within the financial sector by enhancing the knowledge, capabilities, skills, and culture of its professionals—including executive management and board members of sector establishments. It also contributes to developing best professional practices relevant to the sector, targeting all entities within the financial ecosystem, including banking, finance, insurance, and the capital market.
03 June, 2026
The Financial Academy (TFA) has announced strategic partnerships under the "Development of Securities Industry" initiative, recognizing the pivotal role of partners in supporting development solutions tailored to the capital market sector. The list of partners included Saudi Tadawul Group, Saudi Fransi Capital (BSF Capital) , Alinma Capital and Derayah Financial . The initiative is one of the Academy’s flagship undertakings in 2026. The partners involved have contributed to strengthening the ecosystem of securities products, thereby enhancing the sustainability of development industry-specific programs and advancing the national talent upskilling drive, in alignment with the objectives of Saudi Vision 2030. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial secto r’s human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
11 May, 2026
The Advisory Committee for Human Capital Development in the Banking Sector held its periodic meeting, chaired by Mr. Mohammed Alhamzany and attended by all its members, at the Financial Academy's headquarters in the King Abdullah Financial District (KAFD), Riyadh. The Committee discussed a number of items on its agenda that contribute to the development of the banking sector in the Kingdom, keeping pace with the latest updates and developments related to regulations and legislation, and enhancing professional skills and knowledge in line with the requirements of the current phase — supporting the national economy and strengthening the efficiency of its financial institutions. The Committee adopted the necessary resolutions and recommendations on the matters discussed. The Financial Academy's management had previously issued a resolution establishing the Committee, within the framework of its vision to promote efficiency and excellence in the banking sector through the development and enhancement of human capital skills. The Advisory Committee aims to strengthen the quality of development programs targeting human capital in the financial sector, building the skills and knowledge of professionals within financial institutions, identifying training and development needs, and providing specific and targeted recommendations to improve training programs and advance the professional certifications and competencies required by those working in the financial sector. The Committee also serves as a direct communication platform, enabling the Financial Academy to better understand industry requirements, more precisely identify needs, and ensure they are effectively met.
13 May, 2026
His Excellency Mr. Mohammed bin Abdullah Elkuwaiz, Chairman of the Board of the Capital Market Authority, has issued a decision to reconstitute the Board of Trustees of The Financial Academy for a three-year term, pursuant to Article Four of The Financial Academy’s Regulation issued by the Council of Ministers. The newly formed Board of Trustees includes His Excellency Mr. Mohammed bin Abdullah Elkuwaiz as Chairman; Eng. Ali bin Saleh Alqarawi as Vice Chairman and member representing the Saudi Central Bank; Dr. Murayh bin سعد Habbash as a member representing the Capital Market Authority; and Dr. Badr bin Hazzaa Alotaibi as a member representing the Saudi Central Bank. The Board also includes Mr. Tariq bin Abdulrahman Al-Sudhan, Mr. Tariq bin Ziad Al-Sudairi, Dr. Mohammed bin Faraj Alzahrani, Ms. Mai bint Mohammed Alhoushan, Mr. Othman bin Yousif Alqusabi, and Mr. Mana bin Mohammed Al Khamsan, Chief Executive Officer of The Financial Academy, as members of the Board. The decision reflects the continued role of The Financial Academy as one of the key enablers of human capital development in the financial sector, supporting the readiness and qualification of national talent to keep pace with the rapid transformations in financial markets and services, in alignment with the objectives of Saudi Vision 2030 and the Financial Sector Development Program. The Financial Academy is committed to implementing the highest standards of institutional governance while enhancing efficiency and transparency across its programs and initiatives. The Board of Trustees serves as the supervisory authority overseeing the Academy’s affairs, setting its general policies, and guiding its strategic direction, thereby supporting sustainable growth and the development of specialized professional initiatives and programs for the financial sector. Through its new formation, the Board will contribute to strengthening integration among regulatory authorities and financial institutions, supporting innovation in training and qualification, and enhancing the competitiveness of the financial sector through the development of national capabilities and specialized future-ready skills
04 May, 2026
The Financial Academy (TFA) has signed a framework agreement with the Small and Medium Enterprises General Authority (Monsha'at) to promote financial literacy among entrepreneurs and small and mid-size enterprises (SMEs). The deal was concluded on the sidelines of Monsha'at’s Funding Week. Signature was carried out by Mr. Mohammed Alhamazany, Chief of Capability Development at The Financial Academy, and Mr. Abdulaziz AlJaffali, General Manager of Funding at MonshaatSA . The ceremony took place at SMEs Support Center in Riyadh. According to the agreement, cooperation will include the implementation of joint training and awareness initiatives and programs, such as organizing training camps in the field of finance, as well as developing educational and training content to improve the efficiency of financial resource management within SMEs and support their sustainability and growth. This will be accrued out in accordance with the laws and regulations in force in the Kingdom of Saudi Arabia. Alhamazany dubbed the agreement as “an extension of TFA’s strategic role in developing the financial sector human capital” through adopting international best practices and standards and aligning the Academy’s programs with the requirements of the Financial Sector Development Program (FSDP), aiming to shape a prosperous financial future in the Kingdom. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector’s human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
03 May, 2026
The Financial Academy’s (TFA) Insurance Center held an online specialized seminar entitled “Arab Insurance Industry: Navigating Global Changes, Legislations, Tech & Business Models.” The event—which took place Tuesday, April 28—was led by a select group of Arab insurance industry leaders and experts, and attended by numerous stakeholders from across the Arab region. The seminar was part of the Center’s broader efforts to promote professional dialogue and the exchange of expertise regarding the future of insurance industry in the region. It addressed key global shifts and their impact on Arab markets, with a focus on regulatory readiness, the level of technology leverage, and the ability of current business models to keep pace with rapid changes. The session covered four main themes, namely: Global Changes in Insurance Industry; Role of Technology as a Gamechanger; Future Viability of Current Business Models; and Prospects for Development and Integration among Arab Markets . Mr. Resini Alresini, Deputy CEO of ReTech Reinsurance Brokers Co. (ReTech), facilitated the seminar among experts and enriched the discussions with valuable insights, contributing to extracting actionable outcomes. Mr. Chakib Abouzaid , General Arab Insurance Federation (GAIF), said that Arab integration is critical for addressing global challenges, urging collaborative action to boost the competitiveness of Arab insurance markets. He also highlighted the Federation’s role in supporting the development of regulatory frameworks and bringing international best practices to Arab markets. Speaking about the Egyptian experience, Mr. Alaa El Zoheiry, Chairman of the Insurance Federation of Egypt (IFE), reviewed the evolution of insurance market in his country as a model of adaptation to change, focusing on legislative reforms and their role in promoting growth. He considered innovative products and awareness are very important as well. In turn, Mr. Fareed Lutfi, Secretary General of the Emirates Insurance Association (EIA), shared the UAE’s experience in adopting technology and digital transformation in the insurance sector. Furthermore, he discussed the role of public-private partnerships (PPPs) in developing an advanced and resilient insurance system. Mr. Adel Al Eisa, Executive Partner at Consulting Actuaries and Insurance Specialists (CAIS) and former Media Spokesman for Saudi Insurance Companies, addressed the regulatory developments in the Kingdom and their impact on the stability and growth of the insurance market. He underscored the importance of actuarial analysis and risk management in supporting decision-making and achieving financial sustainability for insurance companies. The seminar concluded that the future of the Arab insurance industry depends heavily on accelerating the pace of digital transformation, updating legislation, and creating flexible business models capable of responding to global changes, while strengthening regional cooperation to achieve integration and sustainable growth. TFA Insurance Center continues to play a leading role in supporting the development of insurance industry by organizing specialized events that bring together expertise and support capacity building in the Saudi and Arab markets. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector’s human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
12 April, 2026
Mr. Man a bin Mohammed AlKham san , CEO of T he Financial Academy (TFA) , participated in a panel discussion at “ A Step Ahead (ASA) Career Forum 2026 ” in Riyadh , where he reviewed the rapid transformations taking place in the financial sector amid digital evolution and artificial intelligence advancements , and the resulting fundamental changes in jobs and career paths. AlKhamsan explained that the financial sector is no longer traditional, as it has become increasingly reliant on technology and innovation . “This requires a reconsideration of professional qualification concepts and a focus shift from certifications to practical skills and continuous development. Roughly 70 percent of jobs in the financial sector will be affected over the next five years ,” he noted. “So, it is critically important to improve digital and behavioral skills and promote national talent a dapt ability to rapid changes, ” said AlKhamsan , adding that closing the skill gap is a priority for the sector and demands integrated efforts among all relevant stakeholders. The CEO revealed that TFA is develop ing an integrated capacity-building system based on predicting future skills and implementing high-quality programs and initiatives that align training outcomes with labor market needs , which eventually enhances career readiness of national talent . “I nvest ing in human capital is fundamental for achieving sustainability and competitiveness in the financial sector, ” AlKhamsan stressed, calling for supporting t his direction through the adoption of skill-based professional development models. Finally, he affirmed that The Financial Academy will continue to assume its role in empowering national talent and contributing to shaping the future of the financial sector in line with rapid transformations.
12 April, 2026
The Financial Academy Rolls Out the Financial Sector Gateway to Empower University Students and Fresh Graduates The Financial Academy (TFA) has announced it is launching the Financial Sector Gateway — a new initiative driven by i ts strategic direction to empower undergraduates and recent graduates by improving their readiness to enter financial labor market. The announcement was made o n the sidelines of A Step Ahead (ASA) Career Fair 2026, held in Riyadh . The initiative is designed to align educational outcomes with the sector’s requirements through an interactive platform that offers a suite of training and qualification programs . Some of the key services delivered include preparation for professional certifications, the development of practical and behavioral skills, and the provision of insightful content that enriches understanding of jobs and career pathways in the financial sector. In broader terms, t he financial sector gateway offers an integrated experience that enable s beneficiaries to explore career opportunities across banking, insurance, finance, and capital markets . It also provides channels for direct engagement with industry experts and practitioners , thereby contributing to making more informed career decisions and building a qualified talent pool that meets market needs. While participating in the ASA Career Fair , TFA organized specialized workshops that were delivered by a select group of experts and practitioners. The sessions covered a diverse range of topics, including professional skills, entrepreneurship , customer service, AI-driven data analytics , as well as raising awareness of labor regulations and employee rights, exploring future opportunities within the insurance sector, and building competitive advantage through professional certifications . Furthermore, t he Academy ’s pavilion at the Fair showcased several TFA development programs and initiatives, reflecting the diversity of its training and qualification solutions, and demonstrating its commitment to supporting the development of sustainable career pathways in the financial sector. The initiative highlights The Financial Academy ’s continued role in supporting the objectives of financial sector development, through investing in human capital and empowering a new generation of national talent capable of keeping pace with rapid transformations and building a more efficient and sustainable financial sector.
12 February, 2026
In collaboration with Saudi Research and Media Group (SRMG) Academy, The Financial Academy (TFA) continue to deliver “ Shaping t he Future of Saudi Financial Media ” program, designed to promote the financial media in the Kingdom . The course aims to enhance the journalists and content creators ’ professional competence in addressing economic and financial issues, thereby improving the quality of specialized media coverage and supporting economic awareness. “Shaping the Future of Saudi Financial Media” is the first program of its kind in KSA to focus on specialized financial media. It was launched in response to the growing need for media professionals capable of understanding, analyzing, and presenting economic data and indicators within a professional context that balances accuracy and clarity, leading eventually to increased transparency and improved market efficiency. The course equips participants with the knowledge and skills needed to professionally address economic and financial issues. To that end, it covers the fundamentals of financial media coverage, macroeconomics and economic indicators, capital markets and securities, financial statements and results, as well as key sectors such as green energy, petroleum, and the energy transition—recognized among the most prominent economic priorities both locally and globally. In addition, t he program offers specialized training in visual reporting, mobile journalism, and digital content production, along with an in-depth understanding of algorithms of social media platform s . It teaches how to leverage digital tools and artificial intelligence (AI) in journalistic practice , enabling participants to keep pace with evolving types of media publishing and to expand reach and impact. Mr. Mana AlKhamsan , CEO of The Financial Academy , said that “Shaping the Future of Saudi Financial Media ” program aligns with the Academy’s direction of support ing the financial sector ecosystem , adding that financial media constitutes a complementary component of market efficiency and plays a critical role in enhancing transparency and improving the quality of economic discourse . “The program is part of The Financial Academy’s initiatives seeking to empower media professionals to produce impactful, professional financial content. It focuses on deepening understanding, facilitating knowledge transfer, and introducing participants to best global practices through field visits to international financial institutions , thus creating an informed and sustainable media impact that supports the sector over the long term ,” explained AlKhamsan . He noted that partnerships with leading financial institutions reflect the integration of roles between the training provider (TFA) and the sector . It also shows, the CEO added, the keenness to transfer applied knowledge to media professionals and align media content with real market dynamics. In this connection, AlKhamsan expressed his appreciation to the program’s partners — SNB Capital and Ta timah Capital — for their commitment to advancing financial media and for their cooperation in developing media professionals capable of keeping pace with transformations in the financial sector and enhancing economic awareness. Meanwhile, the program progressed to the appli cation phase that includes professional activities to enable participants to gain direct exposure to media environments, examine real-world models of economic event coverage, and develop financial content based on analysis and informed expertise . “Shaping the Future of Saudi Financial Media” program targets journalists, media professionals, financial market specialists, and financial content creators . The participants go on a comprehensive learning journey that integrates theoretical knowledge with practical application and exposure to best global practices in financial media. The program is designed to strengthen Saudi media presence regional ly and globally , in alignment with the objectives of the Financial Sector Development Program (FSDP) under Saudi Vision 2030. About The Financial Academy The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
